Bengaluru: Sandbox Startups, the central government recognized technology business incubator in Hubballi, will move to its newly built infrastructure which will be India’s largest incubation center, on July 18, 2018.
NITI Aayog CEO Amitabh Kant, the chief guest, will inaugurate the state-of-the-art facility which provides incubation space for more than a hundred startups at any given time. Dr ‘Desh’ Deshpande, founder and patron of Deshpande Foundation, the parent organization of the Sandbox Startups, will join Amitabh Kant and other dignitaries.
Spread in 6.09 acres of land situated on Gokul Road near the Hubballi Airport, the new facility is the first of its kind in India with full-fledged facilities including a MAKERS LAB and the ESDM Cluster. It also has all amenities that are needed for a robust startup ecosystem to flourish.
In the words of ‘Desh’ Deshpande, “About 1.1 billion people in India live in rural and semi-urban areas. The problems faced by this population and the solutions they require are very different from those faced by the people living in large metropolitan cities. Sandbox Startups is an incubator set up to solve the problems of the non-metropolitan population.”
Over the last eight years, Sandbox Startups has supported over 80 ventures with sustainable, scalable and resilient business models and created wealth of over 70 Cr rupees in the local economy. Several associated startups have filed more than 50 patents in technological space. The companies span the areas of technology, image processing, agricultural technology, Internet of Things (IoT), logistics, E-commerce, healthcare and service sectors. A dedicated team of “Sandbox Samvidha” is supporting not-for profit ventures and high social impact startups.
This initiative has created opportunities for entrepreneurs who are passionate and have a deep understanding of the problems faced by people living in rural and semi-urban areas. The Sandbox Startups is essentially a “Living Laboratory for Entrepreneurs” where the problem solvers can come, experiment and build ventures.
This incubator leverages 10+ year-old ecosystem setup by the Deshpande Social Innovation Sandbox to provide mentoring, support to validate market, networking, industry connect, access to funding and the inspired workforce to build new companies.
The event will offer:
• Opportunity to interact with a wide array of mentors, investors, important Central and State government officials, and partners who are currently supporting our startup ecosystem
• Participate in exciting panel sessions by industry leaders/domain experts for the benefits of entrepreneurs
• Exposure to the world-class and full-fledged facility dedicated to support entrepreneurs at Sandbox Startups
• Opportunity to get an understanding of the semi-urban and rural market
• A platform that encourages lots of peer to peer learnings.